The maximum time for completion of construction shall not exceed the following:
(a) Twelve (12) months from the date of issuance of a building permit for a new single-family residence.
(b) Nine (9) months from the date of issuance of a building permit for additions, alterations, modifications, repairs and improvements to an existing single-family residence having an estimated value of equal to or less than one hundred thousand dollars ($100,000.00).
(c) Twelve (12) months from the date of issuance of a building permit for additions, alterations, modifications, repairs and improvements to an existing single-family residence having an estimated value of greater than one hundred thousand dollars ($100,000.00).
(d) Twenty four (24) months from the date of issuance of a building permit for construction other than single-family residential.
(e) All building permits or permits for grading under which the proposed construction has not been completed as evidenced by the issuance of a certificate of occupancy within the maximum time stated herein shall expire by limitation on the expiration of such time and no building construction, alteration or removal, or further site grading and drainage, shall take place after such expiration except as authorized by the issuance of a new permit, or as directed by the director of building and zoning to remedy or correct specific violations of the ordinances of the village. All fees paid on such expired permits shall be forfeited to the village. (Ord. 0-09-09, 4-20-2009)
(f) Upon payment of the fee as provided for in section 6-79 of this chapter and in the annual fee resolution adopted by the corporate authorities, a building permit or permit for grading may be extended for a period not exceeding four (4) months only upon the approval of the director of building and zoning and only in the event that the plans for construction comply with all aspects of this code and all other ordinances in effect at said time. (Ord. 0-12-36, 10-1-2012)